Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders equity 135,000 341,000 575,000 819,000 390,000 253,000 $ 2,513,000 $ 135,000 481,000 489,000 805,000 432,000 246,000 $ 2,588,000 $ 384,000 1,000,000 1,129,000 $ 2,513,000 $ 350,000 1,000,000 1, 238,000 $2,588,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 130,000 Tax expense 200,000 Net income $ 5,103,000 4,388,580 714,420 330,000 384,420 The company paid dividends of $275,420 last year. The "Investment in Buisson, S.A., on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return of 15% Required: 1. Compute the company's average operating assets for last year 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 5. Vildt Was We Colhpally blesibudl CUITI TAS ycan Average operating assets Margin Turnover ROI Residual income 3